Genel: Oil presence confirmed at Cap Juby well, offshore Morocco

Genel Energy has informed that the JM-1 well on the Cap Juby prospect offshore Morocco has encountered oil shows.

The company said that the Cairn Energy-operated well has confirmed the presence of oil in the Upper Jurassic, as originally tested by the 1968 MO-2 well, some 2km from the JM-1 location.  The well, located in the Juby Maritime III block in 100m of water where the primary objective is some 1,000m below the 1969 Cap Juby oil discovery in the Upper Jurassic, continues to drill ahead to the primary Middle Jurassic target .

The well is currently at 3,100 metres, with 600 metres left to drill to the prognosed Middle Jurassic primary target.

Genel said that exploration wells are planned on both the Sidi Moussa and Mir Left licences during 2014 using the Noble Paul Romano semi-submersible rig. On the Sidi Moussa licence, the most likely target is the Nour prospect. On Mir Left, prospect maturation is currently ongoing.

Tony Hayward, Genel CEO said: “In Africa we have begun a high-impact exploration programme targeting over 900 mmboe of prospective resource this year, with the first well underway in Morocco and a further three to follow in Malta and Morocco. Each well has the potential to make a material impact on our already significant reserve and resource base.”

 

Offshore Energy Today staff, March 07, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply